Kylie Jenner's net worth nears $1 billion, richer than Kim Kardashian

The youngest person to ever make an appearance on the Forbes list, Kylie Jenner's fortune is more than twice as large as her second-eldest sister, Kardashian West, who Forbes listed as worth $350 million.

"Social media is an wonderful platform; I have such easy access to my fans and my customers".

The 20-year-old, who launched her own cosmetic line, Kylie Cosmetics, less than three years ago, has already accumulated more than $900 million. At the time, Kris Jenner, Kylie's mother, who rakes in 10 percent of all her children's earnings, said the company had collected $420 million in retail sales over 19 months.

Speaking on Kylie's rise, Forbes wrote, "Another year of growth will make her the youngest self-made billionaire ever, male or female, trumping Mark Zuckerberg, who became a billionaire at age 23".

"Ever since I was in sixth grade, I would wear purple eye shadow", she remembers.

"I said, 'I'm ready to put up my own money. I turned to makeup to help me feel more confident".

Jenner told Forbes that she invested $250,000 of her own money from modeling gigs in 2015 to pay an outside company to produce the first 15,000 lip kits that eventually launched into a full-fledged cosmetic line. She has become so dominant on social media that when she tweeted that she had become bored with Snapchat, its parent company's stock lost 6% of its value within a day, around $1.3bn.

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